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High interest rates increase the cost on the ability to buy a house or a car.
Wiki User
∙ 8y ago
Wiki User
∙ 13y agohow interest rates affect people's purchasing decisions
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How does interest rates affect your purchasing decisions?
ra Interest rates affect our purchases in a couple different ways. If taking out a loan, then a lower interest rate is obviously preferred to minimize your long term expenditure. If viewing an investment prospectus, the return on investment (ROI) is often represented as an interest rate and a higher value is preferred to maximize your earnings.
What does GDP affect?
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
What are examples of Individual economic agents?
Individual people, firms, businesses, and households are examples of individual economic agents. An economic agent is any entity that makes purchasing, selling, or production decisions that affect an economy, and an independent economic agent makes these decisions independently (as opposed to, for example, a government office or a social movement).
How payment terms affect purchasing decisions?
It helps with cash flow
How did paul revere decisions affect the lives of the peoples around him?
How did Paul Rever 's decisions affect the lives of the people around him?
How does interest rates affect your purchasing decisions?
ra Interest rates affect our purchases in a couple different ways. If taking out a loan, then a lower interest rate is obviously preferred to minimize your long term expenditure. If viewing an investment prospectus, the return on investment (ROI) is often represented as an interest rate and a higher value is preferred to maximize your earnings.
Can experiences affect peoples lives?
Peoples past experiences can effect peoples lives because it can help you make future decisions and mold your life.for example, if your bullied as a child, your going to be a mean parent.
Why are the Aboriginal peoples of Canada working towards self government?
the aboriginal peoples of Canada working toward self-government is they can regain control over decisions that affect them and manage their own affairs.
How does the concept of personal interest affect decisions and actions made by courts or quasi-judicial bodies?
That depends entirely on the type of personal interest involved, weighed against the issues and interests of others.
What does GDP affect?
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
How do technologies affect our economic decisions?
the consumer economic decisions can affect the price and supply of a commodity
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
How does the color of cream cheese affect peoples perception of taste?
How does the color of cream cheese affect peoples perception of taste?
What boundaries can slow down the CCC and how can it affect managerial decisions?
What boundaries can slow down the CCC and how can it affect managerial decisions?
How interest rate affect the sa economy?
how interest rates affect the sa economy
